Extension or Amendment of Loans Sample Clauses

Extension or Amendment of Loans. The Servicer will not, except as otherwise permitted in Section 7.4(a), extend, amend or otherwise modify the terms of any Transferred Loan.
AutoNDA by SimpleDocs
Extension or Amendment of Loans. The Borrower will not extend, amend or otherwise modify the material terms of any Loan, except as may be in accordance with the provisions of the Investment Policy.
Extension or Amendment of Loans. The Borrower will not, unless so directed by the Collateral Manager in accordance with the Management Agreement, extend, amend or otherwise modify the terms of any Loan (including the related Underlying Collateral).
Extension or Amendment of Loans. It will not, except as otherwise permitted in Section 6.4(a), extend, amend or otherwise modify the material terms of any Loan (including the Related Security).
Extension or Amendment of Loans. The Servicer will not, except as otherwise permitted in Section 6.4(a), extend, amend or otherwise modify the terms of any Loans; provided, however, that no waiver, extension, modification or alteration otherwise permitted under Section 6.4(a) shall (i) have the effect of altering the status of any Loan as a Defaulted Loan, (ii) have the effect of, in the reasonable judgment of the Administrative Agent, preventing or delaying any Loan from becoming a Defaulted Loan, or (iii) limit and/or impair the rights of the Administrative Agent or the Secured Parties under this Agreement.
Extension or Amendment of Loans. The Collateral Manager will not, except as otherwise permitted in Section 6.4(a), extend, amend or otherwise modify the terms of any Loan (including any Related Security).
Extension or Amendment of Loans. Except as permitted by Section 3.01(f), the Servicer will not extend, amend or otherwise modify (or consent or fail to object to any such extension, amendment or modification by the Issuer) the terms of any then existing Acquired Advance, or amend, modify or waive (or consent or fail to object to any such amendment, modification or waiver by the Issuer) any payment term or condition of any Loan Document related thereto. The Servicer will not rescind or cancel, or permit the rescission or cancellation of, any Acquired Advance except as ordered by a court of competent jurisdiction or other Governmental Authority.
AutoNDA by SimpleDocs
Extension or Amendment of Loans. Except as provided in the Credit and Collection Policy, or as otherwise approved in writing by the Buyer, (i) extend, amend or otherwise modify (or consent or fail to object to any such extension, amendment or modification by the Servicer) the terms of any Purchased Loan, or amend, modify or waive (or consent or fail to object to any such amendment, modification or waiver by the Servicer) any term or condition of any Loan Document related thereto or (ii) release any Collateral or guaranty supporting any Obligor's obligations under a Note or Loan Document, if the effect of such amendment, modification or waiver or release of Collateral could reasonably be expected to impair the collectibility or delay the payment of any Purchased Loan; provided, however, that unless any such Purchased Loan is a "Defaulted Loan" (under and as defined in the Indenture) and no "Servicer Default" (under and as defined in the Indenture) has occurred and is continuing, the prior written consent of the Buyer shall be required for any extension, amendment, modification or waiver of any term or condition of any Loan Document or any release that would (x) decrease the amount of principal of, or the rate at which interest is payable on, the related Loan, (y) extend any date fixed for the payment of principal of, or interest on, the related Loan or (z) release any guaranty of the related Loan or all or substantially all of the Collateral for the related Loan. The Originator will not rescind or cancel, or permit the rescission or cancellation of, any Purchased Loan except as ordered by a court of competent jurisdiction or other Governmental Authority.
Extension or Amendment of Loans. The Borrower will not, except as otherwise permitted in Section 7.09(k), extend, amend or otherwise modify, or permit the Servicer on its behalf to extend, amend or otherwise modify, the terms of any Pledged Loan. The Borrower shall promptly (but in any event within 15 Domestic Business Days of execution) deliver to the Collateral Custodian for the benefit of the Administrative Agent as agent for the secured parties the original documents evidencing such amendments and modifications and shall promptly deliver to the Administrative Agent and Banks, upon the request of the Administrative Agent or any Bank copies of such amendments and modifications.
Extension or Amendment of Loans. Except as provided in the Collection Policy, extend, amend or otherwise modify the terms of any Loan.
Time is Money Join Law Insider Premium to draft better contracts faster.